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Slot Machine Odds. Understanding slot machines is easy.They’re basically just a giant math equation. Casinos are so open about slot machines, they publish their own payback percentages in industry publications, and they often brag about the percentage that their machines pay back in a given month or year.
Looking for Slots with the Best Odds in Vegas? - RMS What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds. The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. Slot Machines - Wizard of Odds When it comes to gambling, the easier a game is to understand the worse the odds usually are. This is certainly the case with slot machines. Playing them is as easy as pressing a button. However, between the high house edge and fast rate of play, there is no quicker way to lose your money in a casino.
So I did a little research and the way I understand it from what I've read, and I could be mistaken, the $1,200 tax thing applies only if the odds on the win were greater than 100-to-1, which would mean that on $100 slots you would have to hit a single win of $10,000 before they slapped you with a W2G.
Winning At Slots - What Are My Odds? First of all you should know that slot machines, as with many casino games, are a type of game for which there is no “winning strategy” - technically speaking they are a negative equity game, or –EV game for short. Unlike a game such as poker (against real opponents, not vs. the house) where proper application of skill can make a game profitable in Playing the $100 Slots - Casino City Times
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Saw this $100 Slot Machine Jackpot on the Triple diamond at the borgata. It was a very nice win on the hundred dollar slot machine.
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